Reserve Bank hikes interest rates
THE Reserve Bank hikes to 4.5 per cent with big banks quick to increase interest rates.
THE Reserve Bank hikes to 4.5 per cent with big banks quick to increase interest rates.
HOME-owners brace for more mortgage pain as experts predict 0.25 per cent increase from RBA.
GREECE’s crumbling economy may save Australian homeowners from another interest rate hike.
WESTPAC boss Gail Kelly expects another interest rate rise in the near term, before a pause.
THE Reserve Bank defends its fifth interest rate rise in seven months, saying the economy is growing at “about trend rate”.
RATES are predicted to hit 10 per cent within two years as the RBA moves to stem runaway inflation.
FURTHER interest rate rises could choke off consumer spending, an economist says.
BOOMING house prices contributed to the Reserve Bank’s decision to boost the cash rate to 4.25 per cent.
NAB says it has no plans to raise its standard variable interest rate higher than any move by the central bank.
SURGING property prices have increased the pressure on the Reserve Bank to lift the official interest rate when it meets tomorrow.
EASTER weekend celebrations may be tainted for homeowners with experts expecting another rate rise.
AUSTRALIA’S top banker reveals his love for aviation, jazz and playing the guitar in his church band.
MARKET opinion is divided over whether the Reserve Bank will lift interest rates next Tuesday.
LARGE slump in shopping and building numbers could mean interest rates on hold in April.
RESERVE Bank governor Glenn Stevens’ “heart was in his mouth” as he slashed rates during crisis.
THE nation’s top central banker says property is not a “riskless” path to riches, and warns against borrowing too much.
HOUSEHOLDS have benefited from improved economic conditions, but higher rates are hurting, RBA says.
WESTPAC is under pressure to raise its rates but fears a political backlash, chief executive Gail Kelly has reportedly said.
CASHED-UP AMP will cut its variable home loan rate by nearly 0.5 per cent tomorrow.
RISING rates may slow a recovery in the home building sector, which posted a big jump yesterday.
RATES likely to stay at 4pc in April due to uncertainty over housing lending, economists say.
THE average size of a home loan has risen by 40pc since 2005, leaving many Australians struggling to meet their repayments.
WESTPAC is the latest bank to lift rates by 25 basis points, matching the RBA rate rise.
INDUSTRY groups say first home buyers will struggle with the latest interest rate hike.
HOME loans to cost more as RBA hikes cash rate to 4 per cent.
HOMEOWNERS should watch out for a rising number of exit fees if they try to refinance their mortgages.
A RECORD number of households are choosing variable-rate home loans over fixed-rate loans.
RBA left rates steady to assess impact of earlier rate hikes from the big banks on the economy.
BANKS under scrutiny for “telegraphing” interest rate plans before the RBA decision.
ECONOMISTS expect the Reserve Bank board to order its fourth consecutive rate rise today.
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